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BigBear.ai Holdings (BigBear.ai Holdings) Asset Turnover : 0.12 (As of Mar. 2024)


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What is BigBear.ai Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. BigBear.ai Holdings's Revenue for the three months ended in Mar. 2024 was $33.1 Mil. BigBear.ai Holdings's Total Assets for the quarter that ended in Mar. 2024 was $288.8 Mil. Therefore, BigBear.ai Holdings's Asset Turnover for the quarter that ended in Mar. 2024 was 0.12.

Asset Turnover is linked to ROE % through Du Pont Formula. BigBear.ai Holdings's annualized ROE % for the quarter that ended in Mar. 2024 was -2,433.17%. It is also linked to ROA % through Du Pont Formula. BigBear.ai Holdings's annualized ROA % for the quarter that ended in Mar. 2024 was -173.35%.


BigBear.ai Holdings Asset Turnover Historical Data

The historical data trend for BigBear.ai Holdings's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BigBear.ai Holdings Asset Turnover Chart

BigBear.ai Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Asset Turnover
Get a 7-Day Free Trial 4.62 - 0.48 0.54 0.79

BigBear.ai Holdings Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Asset Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.21 0.19 0.17 0.20 0.12

Competitive Comparison of BigBear.ai Holdings's Asset Turnover

For the Information Technology Services subindustry, BigBear.ai Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BigBear.ai Holdings's Asset Turnover Distribution in the Software Industry

For the Software industry and Technology sector, BigBear.ai Holdings's Asset Turnover distribution charts can be found below:

* The bar in red indicates where BigBear.ai Holdings's Asset Turnover falls into.



BigBear.ai Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

BigBear.ai Holdings's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=155.164/( (195.308+199.91)/ 2 )
=155.164/197.609
=0.79

BigBear.ai Holdings's Asset Turnover for the quarter that ended in Mar. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=33.121/( (199.91+377.627)/ 2 )
=33.121/288.7685
=0.11

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


BigBear.ai Holdings  (NYSE:BBAI) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

BigBear.ai Holdings's annulized ROE % for the quarter that ended in Mar. 2024 is

ROE %**(Q: Mar. 2024 )
=Net Income/Total Stockholders Equity
=-500.588/20.5735
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-500.588 / 132.484)*(132.484 / 288.7685)*(288.7685/ 20.5735)
=Net Margin %*Asset Turnover*Equity Multiplier
=-377.85 %*0.4588*14.0359
=ROA %*Equity Multiplier
=-173.35 %*14.0359
=-2,433.17 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

BigBear.ai Holdings's annulized ROA % for the quarter that ended in Mar. 2024 is

ROA %(Q: Mar. 2024 )
=Net Income/Total Assets
=-500.588/288.7685
=(Net Income / Revenue)*(Revenue / Total Assets)
=(-500.588 / 132.484)*(132.484 / 288.7685)
=Net Margin %*Asset Turnover
=-377.85 %*0.4588
=-173.35 %

Note: The Net Income data used here is four times the quarterly (Mar. 2024) net income data. The Revenue data used here is four times the quarterly (Mar. 2024) revenue data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


BigBear.ai Holdings Asset Turnover Related Terms

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BigBear.ai Holdings (BigBear.ai Holdings) Business Description

Traded in Other Exchanges
Address
6811 Benjamin Franklin Drive, Suite 200, Columbia, MD, USA, 21046
BigBear.ai Holdings Inc is a technology-led solutions organization, that provides both software and services to its customers. Its AI-powered decision intelligence solutions are leveraged in three markets; supply chains & logistics, autonomous systems, and cybersecurity. It operates in two segments; Cyber & Engineering segment provides high-end technology and management consulting services to its customers, focusing on cloud engineering and enterprise IT, cybersecurity, computer network operations, and wireless, systems engineering, as well as program planning, and Analytics segment provides high-end technology and consulting services to its customers, focusing on data computing and analytical solutions, including predictive and prescriptive analytics solutions.
Executives
Avi S Katz director C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Raluca Dinu director C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Pamela Joyce Braden director 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii Gp, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Norm Laudermilch officer: Chief Operating Officer 6811 BENJAMIN FRANKLIN DRIVE, SUITE 200, COLUMBIA MD 21046
Joshua Lane Kinley officer: Chief Financial Officer 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Amanda Long director, officer: Chief Executive Officer 1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Julie Peffer officer: Chief Financial Officer 1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Carolyn Blankenship officer: General Counsel and Secretary 1731 EMBARCADERO RD, SUITE 200, PALO ALTO CA 94303
Ae Industrial Partners Fund Ii, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-a, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Industrial Partners Fund Ii-b, Lp 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Dorothy D Hayes director P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Michael Robert Greene 10 percent owner 2500 N. MILITARY TRAIL, SUITE 470, BOCA RATON FL 33431
Ae Bbai Aggregator, Lp 10 percent owner 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303